Eduardo Luiz Saverin is a Brazilian billionaire entrepreneur and angel investor. Saverin is one of the co-founders of Facebook. In 2012, he owned 53 million Facebook shares, valued at approximately $2 billion at the time. He also invested in early-stage startups such as Qwiki and Jumio.
Saverin renounced his U.S. citizenship in September 2011, thereby avoiding an estimated $700 million in capital gains taxes. This generated media attention and controversy.